Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Which of the following describes an implicit cost? Question 30 options: NO opportunity cost is involved. NO outlay of money is required. Accountants include these

Which of the following describes an implicit cost?

Question 30 options:

NO opportunity cost is involved.

NO outlay of money is required.

Accountants include these costs in total costs.

They are an out-of-pocket expense.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Econometrics A Practical Guide

Authors: A. H. Studenmund

7th edition

013418274X, 978-0134182742

More Books

Students also viewed these Economics questions

Question

★★★★★

The table shows the number (in millions) of the foreign-born population of the United States in 2004, by place of birth. Foreign-Born Population in the United States Place of Birth Number (in...

Answered: 1 week ago

Question

★★★★★

The governor of the Bank of Canada announces that over the next year, the rate of money growth will be reduced from its current rate of 10% to a rate of 2%. If the governor is believed by the public...

Answered: 1 week ago

Question

★★★★★

1. Show enthusiasm for the subject you teach.

Answered: 1 week ago

Question

★★★★★

An article published in Accounting Horizons describes various techniques that companies use to manage their earnings. Required: In your library or from some other source, locate the article How Are...

Answered: 1 week ago

Question

★★★★★

If Jerry Jones put up $ 4 0 , 0 0 0 today in exchange for a 6 . 1 percent, 1 5 - year annuity, what will the annual cash flow be ? ( Do not round intermediate calculations and round your answer to 2...

Answered: 1 week ago

Question

★★★★★

Jake Nguyen runs a nervous hand through his once finely combed hair. He loosens his once perfectly knotted silk tie. And he rubs his sweaty hands across his once immaculately pressed trousers. Today...

Answered: 1 week ago

Question

★★★★★

At the end of the fiscal year, the trial balance of ABC Corporation appeared as shown below. ABC Corporation Trial Balance August 31, 2010 Cash Accounts Receivable Supplies Equipment Accumulated...

Answered: 1 week ago

Question

★★★★★

Inventory Land Book Value Fair Value $ 630,000 $ 600,000 750,000 990,000 1,700,000 2,000,000 Buildings Customer relationships Accounts payable 0 (80,000) Common stock (2,000,000) Additional paid-in...

Answered: 1 week ago

Question

★★★★★

The standard Treasury Bond futures contract has a face value of $100,000, at least 15 years to maturity and a coupon of 6%, payable semi-annually. The quoted price of the futures contract is based on...

Answered: 1 week ago

Question

★★★★★

15. What option allows the scheduler to go in and look at the information "behind" the scheduled appointments? For example, date "appointment made", wait times, service connection, etc).

Answered: 1 week ago

Question

★★★★★

These items are taken from the financial statements of Longhorn Co. at December 31, 2022. Buildings $105,800 Accounts receivable 12,600 Prepaid insurance 3,200 Cash 11.840 Equipment 82,400 Land...

Answered: 1 week ago

Question

★★★★★

For the co-planar force system shown below, determine by calculation, the resultant force in magnitude and direction. Give your answers to 2 decimal places. 230N 60N* 130 120N 70 RE 60N

Answered: 1 week ago

Question

★★★★★

Please see attached Find the interval(s) where f is concave up for f(x) = 4x - 3x" + 5x - 10. OA. 3 OB. D O c. (-co,06) OD. O, 3 O E. (-0,0) U 8

Answered: 1 week ago

Question

★★★★★

8. Find values in the Norwegian culture that you believe have been stable over a long period. Do you feel that these values say something about your own values?

Answered: 1 week ago

Question

★★★★★

2. It is the results achieved that are important.

Answered: 1 week ago

Question

★★★★★

3. What is the difference between perception and assessment of a particular everyday situation? Give at least three examples.

Answered: 1 week ago

Previous Question Next Question